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Key Factor Supporting Airborne Sensors Market Development in 2025: Surging Terrorist Threats Propel Growth In Airborne Sensors Market
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.How Large Will the Airborne Sensors Market Size By 2025?
Over the past few years, the size of the airborne sensors market has seen significant growth. The market is projected to expand from $10.57 billion in 2024 to $11.34 billion in 2025, with a compound annual growth rate of 7.2%. This growth trajectory in the historical stage is primarily due to the incorporation of autonomous vehicles, advancements in air traffic management, the integration of commercial UAV, improvements in hyperspectral imaging, as well as the increasing demand in military and defense sectors.
How Big Is the Airborne Sensors Market Size Expected to Grow by 2029?
In the following years, a robust growth is anticipated in the airborne sensors market with its size projected to reach $15.11 billion by 2029, growing at a compound annual growth rate (CAGR) of 7.4%. The upswing during the estimated period can be credited to improvements in commercial aviation safety, need for infrastructure monitoring, progress in autonomous vehicles, enhancements in healthcare and medical transport, and an increase in space exploration activities. The forecast period also expects trends like rising demand for remote sensing, incorporation of IoT and AI, sensor miniaturization, increased needs in defense and security, and precision agriculture.
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Which Key Market Drivers Powering Airborne Sensors Market Expansion and Growth?
The surge in terrorist activities is anticipated to fuel the expansion of the airborne sensors market. These activities, characterized by violent or criminal acts carried out by individuals or groups linked to terrorist organizations, are spurring the need for advanced airborne sensors for defense purposes to safeguard borders against terrorist groups. As an illustration, data from ReliefWeb, a digital service under the UN Office for the Coordination of Humanitarian Affairs (OCHA) based in the US, indicated that while there was an average of 1.3 fatalities per terrorist attack in 2021, this average escalated to 1.7 fatalities per strike in 2022, marking the first increase in fatality rates in half a decade. Consequently, the escalation in terrorist activities will catalyze the growth of the airborne sensors market.
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Which Fast-Growing Trends Are Poised to Disrupt the Airborne Sensors Market?
A significant trend emerging in the airborne sensors market is product innovation. Leading companies in the sector are creating sophisticated offerings to maintain their market standing. For example, Leica Geosystems, a Swiss firm specializing in the production of surveying and geographic measurement products and systems, unveiled the Leica DMC-4 in September 2022. This airborne imaging sensor is designed for intricate mapping environments. By incorporating the MFC150 camera module which is based on complementary metal oxide semiconductor (CMOS) technology with mechanical forward-motion-compensation (FMC), it offers unmatched picture quality.
What Are the Emerging Segments in the Airborne Sensors Market?
The airborne sensors market covered in this report is segmented -
1) By Type: Non-Scanning, Scanning
2) By Component: Hardware, Software
3) By Application: Defense Aircraft, Commercial Aircraft, Other Application
Subsegments:
1) By Non-Scanning Sensors: Electro-Optical Sensors, Infrared Sensors, Multi-Spectral Sensors
2) By Scanning Sensors: Synthetic Aperture Radar (SAR), Imaging Radar, Lidar Sensors
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Who Are the Global Leaders in the Airborne Sensors Market?
Major companies operating in the airborne sensors market are Hexagon AB, Thales Group, Raytheon Technologies Corp., Lockheed Martin Corporation, information systems laboratories, Teledyne Geospatial, General Dynamics Corporation, Honeywell International Inc., ITT Inc., AVT Airborne Sensing GmbH, Northrop Grumman Corporation, L3Harris Technologies Inc., Conax Technologies, Meggitt PLC, Curtiss-Wright Corporation, Ametek Inc., Safran SA, General Electric Co., Airbus SE, BAE Systems PLC, Optasense, Rolta India Ltd.
Which are the Top Profitable Regional Markets for the Airborne Sensors Industry?
Europe was the largest region in the airborne sensors market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the airborne sensors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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